A choppy trading day today, Friday.
The market was affected by the negative jobless report and went down in the open and stay idle as shown from this 5-min. chart from QQQQ.
In this kind of chart pattern especially it's Friday, the only way is to stay on the sideline in order not to get chopped off.
The market was on a roll the past two days, and today most if not all, traders will take the profit.
That's normal in the market. Friday is the take home pay.
In this unpredictable market, holding your winnings is not guaranteed.
Short term trading is the order now in the market.
